Poland
Polish retail sales accelerate growth to 5.7% y/y in July
While below market expectations, the expansion in July is in line with Poles’ increased consumer spending that is driven by the good situation on the labour market, low unemployment and growing wages in particular.
Poland’s industrial production rebounds in July
The July growth follows a decline in June – the first in three years – that was due to fewer working days and surging temperatures. The July data suggest “stable GDP growth in the third quarter,” according to ING.
Number of registered Polish e-shops reaches record high in 1H19
The number of Polish e-shops increased by 2,800 in the 1H19, to a new record high, mostly due to changes in how Poles shop, according to a study by Bisnode.
Fast fashion giant Primark prepares to expand in Poland
Eastern expansion continues after Primark opened its first CEE store in Ljubljana in June.
CEE economies are weakening but domestic demand offsets Eurozone slowdown
GDP growth figures from the second quarter of this year were down on the first quarter but showed that growth was still being supported in Central and Eastern Europe by domestic demand that has gone some way to offsetting an EU slowdown.
Polish cosmetics companies make it to the Chinese e-market
Companies such as Ziaja, Bielenda, Bell, Paese and Verona have successfully entered the Chinese market through the international e-commerce platforms AliExpress and Tmall.
Polish inflation accelerates to 2.9% y/y in July flash estimate shows
August was the sixth month in a row in which price growth accelerated in Poland, exceeding the 2.5% target of the National Bank of Poland for a second month straight.